Breitling Energy Corporation is preparing completion and fracking procedures on two wells in its farmout lease in the Permian Basin.

The Hoppe '63' #1 well was recently drilled to a total depth of 8,600 feet. Electric and porosity logs indicate numerous pay zones in the stacked Permian formation including intersections with the Upper, Middle and Lower Wolfcamp, Albaugh, Triple M, Credo, Cisco sands, Canyon B and C sands, Cline and the Strawn Lime.

'This is the beauty of drilling in the Permian Basin and is why we are focusing there right now,' said Chris Faulkner, Breitling Energy's CEO, who is often dubbed Frack Master in the media. 'With one wellbore, we are able to intersect 11 potential pay zones and still be below 9,000 feet. It's amazing what is available in the Permian and is why there are still twice as many rigs drilling there as any other field.'